Question 19
EasyOriginal questionWhich of these is NOT part of private final consumption expenditure?
Show the answer and explanation
CorrectNot quiteAnswer B
Correct answer: B
Explanation
A firm's van is a capital good: investment.
Households' spending on goods and services is private consumption.
- Concept
- Private consumption
- Typical timeTypical
- 40 s
- Your timeYours
- —
Practise this chapter →
Ten questions from Measuring National Income, at your own pace.